Opening hours: Important exchanges

NASDAQ, NYSE, Hong Kong and many other stock exchange times can be found here in the list.

NASDAQ

Opening hours of the NASDAQ in New York:

• Monday opens at 15:30
• Friday closes at 22:00
• Weekdays from 22:00 – 15:30

NYSE

Opening hours of the NYSE in New York:

• Monday opens at 15:30
• Friday closes at 22:00
• Weekdays from22:00-15:30

Impressively, the NYSE stands in the middle of the skyscraper canyons of New York City:

Hong Kong Stock Exchange

Opening hours of the Hong Kong Stock Exchange:

• Monday opens at 00:00
• Friday closes at 09:00
• Weekdays from 05:00-06:00 and 09:00-02:30

Xignite

Xignite opening hours:

• Sunday opens at 23:00
• Friday closes at 23:00
• Weekdays 24 hours

Cryptocurrency (digression)

You can trade cryptocurrency in all trading apps 24/7. That means 24 hours, every day, Monday – Sunday. Learn more about cryptocurrencies here.

Other stock exchanges for shares & ETF – List

Source: eToro.

Time zones

1. UTC: Coordinated Universal Time (London)
2. CET: Central European Time (Berlin)
3. EST (Eastern Standard Time)
4. PST (Pacific Standard Time)

Europe

UTC: Coordinated Universal Time (London)

The UTC lies in the 0 meridiam. So to speak the starting point for all further longitudes, around the bonus. From here also the time zones are tuned. The UTC (good to remember with London) is 1 hour behind Berlin.

• – 1 hour CET (Berlin)
• Longitude: London

CET: Central European Time (Berlin)

CET or CET in German (Central European Zone) is 1 hour behind UTC. Central points are large cities like Berlin and Paris.

• + 1 hour UTC (London)
• Longitude: Berlin

Important for trade worldwide, the US:

USA: Eastern & Pacific Standard Time

The USA has 3 (of a total of 6) relevant time zones. Central is the EST with the New York Stock Exchange:

1. Eastern time (New York)
2. Central time
3. Pacific time (Los Angeles)

EST (Eastern Standard Time)

EST (Eastern Standard Time) is 5 hours behind UTC (Coordinated Universal Time), or 6 hours behind CET.

• – 5 hours UTC (London)
• – 6 hours CET (Berlin)

Example:

If it is 9 o’clock (9:00 am) in New York, then it is 2 o’clock (2:00 pm) in London or 3 o’clock (3:00 pm) in Berlin.

If it’s 1pm (1:00 pm) in Berlin, it’s 7am (7:00 am) in New York.

PST (Pacific Standard Time)

EST (Eastern Standard Time) is 5 hours behind UTC (Coordinated Universal Time), or 6 hours behind CET.

• – 8 hours UTC (London)
• – 9 hours CET (Berlin)

Example:

If it is 9 o’clock (9:00 am) in Los Angeles, then it is 2 o’clock (2:00 pm) in London or 3 o’clock (3:00 pm) in Berlin.

If it’s 1pm in Berlin (1:00 pm), then it’s 4am in Los Angeles (4:00 am).

Hong Kong (HKT)

Many stocks, particularly Asian and especially Chinese stocks, are traded on the Hong Kong Stock Exchange.

• + 8 hours UTC (London)
• + 7 hours CET (Berlin)

Example:

If it is 9 o’clock in Hong Kong (9:00 am), then it is 1 o’clock in London (1:00 am) or 2 o’clock in Berlin (2:00 am).

If it is 1pm in Berlin, then it is 8pm in Hong Kong.

Construction financing – comparison of different providers is important

If you would like to find out about the options and details of construction financing, real estate agents offer you individual advice. Our guide helps: real estate broker. If you would like to sell your property, real estate agents are there to help with a package of services. Estate agents know their way around the market and bring experience to the job. You benefit from individual support and a stress-free sale of your property. When it comes to construction financing, an agent can also help you with your planning.

Individual construction financing from various components

Many property buyers avail construction finance as the amount cannot be settled in one lump sum. The financing for a property should be safely planned in advance. Take advantage of an individual consultation, because a financing plan is always adapted to the situation of the builder. It stands on various pillars. This means that a property is not usually financed with just one loan. A combination of existing equity, a development loan, a building savings contract and the classic bank loan are the components of a financing. It is important to compare the different providers during the planning phase.

Construction financing: Interest

Construction financing is characterised by long terms. If the interest rate is only a few percentage points after the decimal point more favourable, this can result in a four-digit saving for the entire term. The monthly instalments are lower and the interest payments are not as high. The offers from the area of subsidised loans should also be compared before concluding the contracts. A building savings contract that is ready for allocation can reduce the monthly instalments, as can equity capital or the provision of personal contributions. Ultimately, it is important that the construction financing is set up so that it can be borne over the entire term. In addition to comparing the various offers, advice is very important.

Read also:

• DSL Price
• Natural gas price
• Fixed Deposit
• Investment
• Current account
• Heating oil price
• Credit cards
• Electricity price
• Call money

Incidental costs for building and moving into your own house

The financing is not completed with the purchase price for the property. You have to reckon with further costs. When buying a house, you will have to pay fees for the notary and for the estate agent. As a builder, you will pay insurance and you should expect to pay the first instalments for the new house and the rent in parallel. Before moving in, you may need to buy heating oil. Depending on the size of the tanks and the current market price, this can run into four figures. Also factor the cost of moving into the financing. This is especially true if you are moving to another city and cannot organize the move yourself.

Financing can also include components that are not directly related to the construction of the house. It is advantageous if you bring equity and can liquidate a cash investment or deposit to reduce the cost of the loan. Comparing the offers on the market will bring you an additional saving on the cost of your construction financing.

More information on home building and financing:

DSL Price

An Internet connection is now standard in every household. More than 95% of all households have concluded a contract for the use of the Internet. The charges are part of the fixed costs of running the household. The internet has entered many areas of life and has become indispensable for many people. As a property owner, you are responsible for getting a connection to your home.

The standard for Internet use in Germany is the DSL connection. The expansion of the high-speed network has not yet been completed. Nevertheless, DSL is also available in remote regions of Germany. However, the speed at which you can surf is lower than in metropolitan areas or large cities. Since DSL is now part of the infrastructure, you should already take this into account when choosing a building plot. You can influence the laying of the lines in your house, but not the expansion of the DSL network. If the network is slow, it may take a few years before you can surf at high-speed. Take this into account when you decide to buy a property or build a house.

• More information about the DSL price.

Natural gas price

The price of natural gas is set by the energy supplier. For decades there was a monopoly of the regional suppliers, so that you as a customer had no possibility to influence the natural gas price. This has now changed. The monopoly has fallen, and you can have a say in the price by making comparisons and choosing a cheap supplier in your area. There are utilities that offer their services nationwide. Others operate exclusively on a regional basis.

If you want to know which natural gas price is the cheapest at your address, carry out a comparison. You can call up the comparison calculator on the Internet and use it free of charge. After entering your address, your household size and your annual average consumption, you will be shown all the relevant suppliers. The cheapest offer will be at the top. However, don’t just compare the prices, but also the conditions and additional terms. It is advisable not to commit yourself to one supplier for too long. Opt for a short term if you want to be able to react flexibly to price adjustments. This applies to both price increases and decreases.

• All information about the price of natural gas.

Fixed Deposit

The term fixed-term deposit refers to an investment that is tied to a specific term. You agree this term with your bank in advance. Periods of between twelve months and six years are common. The term is the most important distinguishing feature between fixed-term deposits and overnight money. While you can dispose of the credit balance in an overnight deposit account at any time, the money in the time deposit account is not available.

If you want to receive the agreed interest, it is necessary that you do not touch the deposit during the entire term. If you urgently need the money, you can terminate the time deposit account. The deadlines for such a termination are one to three months. Therefore, transfer money to the fixed deposit account only if you are sure that you will not need it during the entire term.

• Learn all about the fixed deposit.

Investment

A cash investment is taken out when there is an amount left over after all monthly expenses have been deducted. You can transfer a one-off amount into a cash investment, or you can opt for regular monthly payments. Banks and savings banks offer various forms of cash investment. These differ primarily in their availability. The aim is to earn interest on the money. In addition to traditional savings accounts, you can also opt for securities as an investment. The interest rates are higher. The disadvantage, however, is that you cannot count on the money as well.

You do not know in advance how interest rates will develop, because they depend on prices on the capital markets. The classic investment of money in the form of a savings account, a call money or a time deposit account, on the other hand, can be precisely predicted. However, the interest rate can be significantly lower than if you invest in shares or securities.

• More information about the investment.

Current account

A current account is used to handle your daily financial transactions. You use it as a salary account, for purchases and for all transfers and debits that become necessary in everyday life. Current accounts are offered by all banks and savings banks. Before opening a current account, it is strongly recommended to compare the conditions. The offers differ greatly in their price-performance ratio. There are current accounts where account management is completely free. However, with many banks you pay fees. Before opening, you should find out for yourself which services of the bank you need and what you can possibly do without. In many cases, a free checking account is sufficient. Sometimes, however, you are limited in the options for obtaining cash.

Online banks offer favourable conditions. However, they do not have their own network of ATMs and you have to do without personal advice. Not all of the cheap online banks issue a Girocard. You get a credit card and a Maestro card. The use is free of charge. Since especially smaller shops in Germany only accept Girocards, you will have to resort to cash. Therefore, analyse your payment behaviour in advance before you open a current account at a bank or savings bank.

• Everything about the current account.

Heating oil price

Heating oil is an alternative to natural gas. It burns environmentally friendly, but does not belong to the renewable energies. Modern heating stoves that use heating oil as a fuel are convincing with their low consumption and are considered energy-efficient. Many building owners choose heating oil because they are independent of an energy supplier. The heating oil is stored in tanks. The size of the tank can be freely chosen during installation. It is possible to connect several tanks together to be able to use a larger supply of heating oil. As a prerequisite for the installation of an oil heating system is that there is enough space for the tanks. You choose the size of the tanks when you install them. Theoretically, it is possible to expand the tanks afterwards. However, this will cause additional costs. For this reason, a new heating system should be well planned in advance.

• Learn more about the heating oil price.

Credit cards

Credit cards are considered a very popular means of payment on the market. Originally they come from the USA. They are widely used there and in many other countries around the world. In Germany, the acceptance of credit cards has increased significantly in recent years. The reason for this is that the fees for their use have been lowered by the operators. In other countries, however, acceptance is even higher. In this country, smaller shops in particular do not accept credit cards. The same applies to snack bars, market stalls and small restaurants. Especially in structurally weak regions and in the countryside, the credit card is largely excluded as a means of payment in Germany. And while in other European countries you can even pay for your coffee or ice cream at the beach with your card, in this country you are dependent on cash.

Nevertheless, the credit card is also a popular means of payment among Germans. The desire to travel remains high in Germany and the credit card is often used abroad to pay for purchases and bills, but also to obtain cash. There are different types of credit cards, which differ in their billing and in the possibilities of use.

• Learn all about the credit card.

Electricity price

The price of electricity is subject to very strong fluctuations. For many decades, there was an energy monopoly of individual regional suppliers. Customers had to conclude their contract with the supplier that was located in their town. There was no choice. Since the monopoly was opened up, you have a choice of many different suppliers. Some are still regionally based. Others offer nationwide contracts. The price of electricity has not become cheaper as a result of the opening of the market and the greater competition it has brought. In fact, the opposite is true. Electricity prices have risen continuously in recent years.

You benefit from the switching option because you can look for another electricity provider. However, you often have to be prepared to switch suppliers on a regular basis. The reason for this is that many electricity providers calculate particularly favourable prices for new customers. In addition, there are bonuses that apply only to new customers. These additionally reduce the price. If you can no longer take advantage of these bonuses after the end of the first contract period, it will be significantly more expensive for you. However, since you can always cancel your contract after a price increase, you will have a new switching option.

• Everything about the electricity price.

Call money

The term already describes the fact that call money is a short-term investment. In this respect, call money differs from time deposits or savings bonds, which are tied to a term. These investments can only be terminated at a loss and subject to a period of notice. With call money, you can have the deposit transferred to the linked account on a daily basis. For this reason, call money accounts are very suitable for construction financing. There are no fluctuations and no currency risks. You know in advance how much money is in your call money account and can plan accordingly. This is very important for a construction financing, because you have to pay the open amount on the due date.

However, there is also a disadvantage, and that is the low interest rate. Because call money is available at such short notice, many banks concede interest rates that are only marginally higher than the European Central Bank’s base rate. Nevertheless, the call money for a construction financing is often the only alternative if you need the deposit in the short term.

• More information on call money.

The Advantages of Prefabricated Houses at a Glance

The biggest advantage of a prefabricated house is certainly that you can do without a long construction phase. Instead, the components already manufactured by the producer are delivered to your plot and professionally assembled on site. This means that a prefabricated house is ready for move-in within a few weeks and is handed over to you fully completed, including interior finishes and floor coverings. In terms of price, prefabricated houses are cheaper than solid houses, allowing you to save money despite the additional need to purchase a plot and realize your dream of owning a home sooner.

However, financing is rarely unnecessary, so you should also consult with the bank and develop a financing plan when purchasing a prefabricated house. If you buy an existing property, your options for renovation are limited, and although you can create the desired atmosphere through modernizations, you cannot achieve it through independent renovations. When buying a prefabricated house, you can save money if you handle certain trades yourself and, for example, assist with interior renovations or façade design. Those who are handy and have time for their prefabricated house can significantly reduce the purchase price and thus the amount of financing needed. The construction of prefabricated houses is coordinated directly by the manufacturer, so as a homeowner, you do not need to hire your own structural engineer or architect to check the material and construction quality.

The Approach

Settle all relevant contract details before construction begins, as this ensures maximum planning security and, for example, allows you to know when you can move into your new property before construction starts. Modern prefabricated houses meet the requirements of the KfW for energy-efficient homes. This means that by choosing a prefabricated house, you also secure financing benefits through favorable KfW loans for energy-efficient homes.

• Short construction phase
• Turnkey
• Low costs

The dream of a prefabricated house – Video

Real estate as an investment: Special

1. Part: Invest traditionally or exotic – Which real estate is suitable as an investment?
2. Part: Real estate as an investment – What should I pay attention to?

Pros and cons of prefabricated houses

What you should consider in your planning – A prefabricated house offers many advantages. Firstly, it is built by a single manufacturer and delivered fully completed to the homeowner. You therefore have much less effort involved in dealing with various trades and instead have a single contact person to turn to. Compared to a conventional house, a prefabricated house has a much shorter construction time, which saves you construction costs. Your dream property can therefore be standing within a few days and you can quickly start your new life in your own four walls. In addition, your house is more predictable, as it is built in a workshop hall independent of the weather and not on site in the wind and weather. The use of machines and precise work saves you costs and reduces the risk that something goes wrong.

Advantages of building a prefabricated house

• Shorter construction time than with traditionally built houses
• Lower risk that something goes wrong
• Lower construction costs
• Entire house from one provider
• Self-construction possible
• Climate-friendly building materials and low energy consumption
• Economical construction method

What disadvantages does a prefabricated house have?

Of course, a prefabricated house also has disadvantages. First of all, it is considered much more sound-sensitive than a house made of concrete and stone. To avoid this, pay attention to careful impact sound insulation when laying your floors. Take a close look around in the model house and check the sound sensitivity on site. You also need to pay attention to what you want to hang on the walls of your new prefabricated house. For example, hanging cabinets require special anchors and very heavy items may need to be directly attached to the structural elements.

A prefabricated house can generally come without disadvantages. It is important that you choose a reputable provider and opt for an offer with a long warranty and construction safety. In the past, the solid house was considered the only long-lasting and thus truly advantageous decision. However, modern prefabricated houses are particularly disadvantage-free in terms of self-use.

The lifespan of a prefabricated house does not differ significantly from the solid house, which requires a core renovation after 100 years and thus cannot last longer than a prefabricated house without appropriate maintenance measures. Only in terms of value appreciation do owners of prefabricated houses have a disadvantage. Solid buildings are valued higher in terms of market value than a prefabricated house, so there may be financial losses when planning to resell. Anyone who builds a prefabricated house for their family and does not plan to sell it as a primary goal can rely on the advantages and does not have to expect disadvantages.

Thanks to the timber construction method and the versatile use of drywall, a prefabricated house is more sound-sensitive. Therefore, it is suitable for families and couples, but should not necessarily be the first choice as a multi-generational home. You yourself must take care of the air humidity, as wooden walls are known to provide dry air. However, this also has an advantage: a prefabricated house is practically mold-free and eliminates a high risk to health.

Disadvantages of building a prefabricated house

• More sound-sensitive walls & floors than in a solid house
• Difficulties in mounting furniture on the walls

• Loss of value when reselling
• Sound-sensitive

The most common questions about prefabricated houses:

These are the most common questions asked about prefabricated houses. In our article, we will answer exactly these questions so that you will learn everything you need to know about prefabricated houses.

• How much does a prefabricated house cost?
• What is meant by a prefabricated house?
• How long does it take for a prefabricated house to be built?

Funding of Prefabricated Houses: How Does the Bank Deal with a Prefabricated House?

When building or buying a house, financing under favorable conditions is always a key focus. Banks easily finance the construction of prefabricated houses and do not apply any different mortgage or land charge calculations compared to conventional construction. If you decide on a prefabricated house, you usually enjoy several advantages and can even handle part of the financing through the KfW. The reason for this is the energy efficiency of prefabricated houses, which are offered with insulation and in the function of an energy-saving house.

Appearance & Financing

Auch rein optisch unterscheidet sich ein Fertighaus auf den ersten Blick nicht von einem massiven Haus. Noch interessanter wird es, wenn Sie Ihren Wunsch nach einem schnell fertiggestellten Haus mit der Massivbauweise verbinden und sich für ein Massiv-Fertighaus entscheiden. Seit einigen Jahren können potenzielle Bauherren diese Angebote nutzen und sich gleichzeitig für ein massives Haus, wie für einen Fertigbau ohne lange Wartezeit bis zum Einzug entscheiden. Da Fertighäuser meist günstiger als massive Häuser sind, verringert sich die Verbindlichkeit bei der Bank und der Kredit wird “kleiner”. Aus diesem Grund werden Fertighäuser meist problemloser finanziert als Altbauten, die angeschafft und anschließend kernsaniert werden müssen. Das Fertighaus lädt sofort nach seiner Vollendung zum Einzug ein, ohne dass es einen Winter “ausfrieren” und erst im Frühjahr weiter gebaut werden kann. Auch dieser Punkt spart Kosten, da Sie neben der Finanzierungstilgung nicht unnötig lange zusätzliche Kosten für Mieten zahlen müssen.

Da es sich beim Fertighaus um einen Neubau handelt, rechnet die Bank den regulären Objektwert in der Finanzierung an und nimmt keine Abzüge vor. Dieser Umstand wird vor allem für Käufer von Vorteil, die eine Vollfinanzierung wünschen oder mit weniger als 20 Prozent Eigenkapital finanzieren. Die Finanzierung ist kalkulierbar und die Bank akzeptiert das Fertighaus als Sicherheit. Vor allem für Selbstnutzer zahlt sich diese Bauweise aus und ist eine Möglichkeit, schnell und kostengünstig in die eigenen vier Wände zu gelangen.

Schlüsselfertig und dennoch frei planbar – das Fertighaus

A fundamental question for all homeowners concerns financial planning. Anyone building traditionally must account for longer construction halts due to rain or the failure of trades and the need to reorient towards a craftsman with unpredictable additional costs. With a prefabricated house, such surprises are avoided, as planning and construction are handled by a single entity.

One should still not refer to it as a complete worry-free package, as unforeseen events can always occur. If you carefully choose the manufacturer of your prefabricated house, you can rule out such eventualities and be assured that you will receive all services, including official procedures. Despite the prefabricated components delivered to your plot, a prefabricated house is not a static decision. You can already let your creativity run free in the planning phase regarding room layout, floor and wall design, as well as facade design. With a prefabricated house, it is an advantage if you perform some tasks yourself and thereby achieve cost savings. Depending on your craftsmanship expertise, the self-performed work and thus the savings can be significant. In principle, a prefabricated house is not very individual. However, if you get creative, you still have some opportunities to realize your own ideas and design the house exactly according to your requirements.

Construction times, prices and manufacturers

Sie haben die Vor- und Nachteile abgewogen, die Preise und Bauzeiten verglichen und sind zu dem Schluss gekommen, dass ein Fertighaus genau die richtige Entscheidung ist? Lukinski – Ihr Hausverkauf berät Sie nicht nur zu Ihren Möglichkeiten, sondern bietet Ihnen einen überzeugenden Konditionsvorschlag in der Finanzierung.

Da wir als Immobilienmakler seit vielen Jahren Erfahrung mit Fertighäusern und ihren Herstellern haben, betreuen wir Ihr Projekt gerne vom ersten Gedanken an und sind Ihr Ansprechpartner, wenn Sie ein Fertighaus bauen möchten. Unser Tipp für Käufer: Nicht nur ein neues, sondern auch ein gebrauchtes Fertighaus ist eine gute und kostensparende Lösung.

Ein Fertighaus sollte als Alternative zum herkömmlichen Hausbau durchaus in Betracht gezogen werden. Aber was ist ein Fertighaus eigentlich genau? Wie wird es gebaut, wo sind die Unterschiede zum normalen Haus und kann ein Fertighaus optisch und praktisch auch wirklich mit einem herkömmlichen Haus mithalten?

Nach der Fertigung der Einzelteile des Hauses im Werk und der Montage des Grundgerüsts dauert er meist nur wenige Wochen, bis der Bauherr das Haus beziehen kann. Ein Fertighaus ist in diesem Sinne ein Haus, dass nicht aus Mauerstein und Beton besteht, sondern mit der Holztafel Bauweise entsteht. Es kommen zunächst viele Fragen auf aber im besonderen bleibt es zu klären, ob ein Fertighaus wirklich mit einem aus Beton und Mauern mithalten kann.

Schritt für Schritt – So entsteht ein Fertighaus

If a homeowner decides on the ‘prefabricated house’ method, the first step is to visit a model house exhibition. This allows them to assess which house they like and how it fits the plot of land. Once they have made a decision, a conversation with the sales advisor and usually the architect follows to clarify their wishes. Once everything is completed, construction can already begin and the following steps are carried out.

The Most Common Questions About Prefabricated Houses:

These are the most common questions asked about prefabricated houses. In our article, we will answer exactly these questions so that you learn everything you need to know about prefabricated houses.

• How much does a prefabricated house cost?
• What is meant by a prefabricated house?
• How long does it take for a prefabricated house to be built?

Production in the Factory

Only after receiving the building permit will the house, as previously discussed, be manufactured. Here, individual fittings and customization wishes are taken into account. Manufacturing in the factory brings many advantages, as opposed to being built directly on site in the weather, individual parts such as walls, ceilings, or roof components can be produced directly in the factory hall under optimal conditions. The quality is therefore significantly better, and working hours are reduced.

The houses are created using professional CAD software, allowing individual parts to be produced by computer-controlled machines. All these steps save a lot of time during manufacturing, and since time is money, the homeowner saves significantly on costs here.

The individual parts are assembled in the hall from beams and panels with millimeter precision, where the insulation, windows, blinds, as well as sockets and wiring are installed and plastered. All these steps and the most precise work thanks to machine use enable the quick assembly on site. Once the elements are completed, they are loaded onto the truck in the correct order of assembly and then unloaded accordingly on the construction site.

The On-Site Assembly

The base for the individual components is a solid floor slab, which is placed on the plot. A basement is also possible, which is also created using the prefabricated construction method. The prefabricated parts are mounted on the floor slab, a process that now only takes a few minutes thanks to the precise millimeter-level work during production. Since the walls already have the base plaster from the factory, they can be finally plastered, painted, or wallpapered on site after a short joint filling. Depending on the size of the ground floor, the floor slab can follow once the walls are in place. Then, just like in the ground floor, the remaining walls are erected on it. The beams of the roof truss follow, and then the roof. A prefabricated house is thus completely ready from the outside after the first 2-4 days.

The Interior Fit-Out and Handover of the House

The biggest advantage of prefabricated houses is that during construction, moisture cannot penetrate the house structure over weeks. As soon as the outer frame made of prefabricated parts is in place, the interior fit-out can immediately begin. Now there are only a few differences between a prefabricated house and a traditionally built one. Various tradespeople lay the floors, tiles, paint, and install the kitchen and bathroom. Time is also saved here through precise pre-measured work. Once everything is assembled, nothing stands in the way of the handover of the keys and the occupant’s move-in, and this can happen just a few months after the order is placed.

https://www.instagram.com/p/BnvcTMRHbiY/?tagged=fertighaus

Variety and individuality – how special a prefabricated house can be

Ready-built houses are on the rise and are not only leading in terms of energy efficiency but also in design. The ready-built houses can be equipped with any exterior facade you desire. Whether it’s a modern townhouse or rather a country house style. The design is no longer limited by any boundaries, and in terms of energy efficiency, the houses are making significant progress. Whether it’s a solar panel on the roof, triple-glazed windows, special insulation, or fireplaces that heat the house. Here, no wish remains unfulfilled, and even the green heart is delighted by the particularly environmentally friendly houses. At the same time, the wallet is saved, and the dream of owning your own house is more than fulfilled.

Construction of a ready-built house in time-lapse

https://www.youtube.com/watch?v=UVVVTQ6etKw

KfW Loan: Effective Relief for Construction Financing

Would you like to renovate your home to make it more energy efficient or to make it suitable for the elderly? Then experts will find a suitable KfW loan on your behalf that will noticeably lower your total interest rate on a building or real estate loan.

• • What is a KfW loan?
  • Who gets a KfW credit?
  • How high are the interest rates at KfW?
  • When can I apply for a KfW loan?

Terms and Use

Financing your own home in two ways is a very practical and inexpensive option, as you always benefit from a KfW loan and choose the best interest rate within your mortgage.

5 and 10 year Terms

A KfW loan is a annuity loan that is designed like a classic construction loan in its components. Depending on the support program, the KfW loan can run between 5 and 10 years and convince you with a fixed debit interest rate. If the financing interest rate rises within this period, your KfW loan is not affected by this change.

You can make your construction financing economically more efficient by financing the highest possible amount via the KfW and in return reduce your actual construction financing amount.

Support Program has 3 Advantages

Depending on the support program, a KfW loan has three basic advantages. You receive an unbeatably low interest rate, benefit from graceful start-up years and from grants that you receive as part of a grant and do not have to repay. Especially the initial phase of a loan repayment requires you to make a major change with a noticeable additional financial burden.

While you have to repay the construction financing from the first month of the term, you can benefit from one to five years of repayment freedom with a KfW loan. You only start paying off the loan after the initial term has expired and then pay the monthly constant installment at the favorable interest rate. Keep in mind that the monthly installment increases from the 4th year of repayment.

Interest far below the interest rate of the Building Loan

Nevertheless, a KfW loan is always worthwhile because the interest rate is far below the interest rate of the building loan and because you benefit from innovative support programs with redemption-free subsidies.

When and for Whom is a KfW loan Suitable?

When deciding on a KfW loan, you should not only be aware of the advantageous special features but also of the additional factors that need to be taken into account. You do not apply for a KfW loan directly at the “Kreditanstalt für Wiederaufbau”, but at an onlending bank (“durchleitende Bank”). For KfW loans of more than 30,000 euros, the bank making the transfer makes an entry in the land register. In the case of lower subsidies, the entry in the land register is not made in principle.

Carry out Follow-up Financing

In addition to the initial financing with the additional module of the KfW promotion, you have the possibility to make your follow-up financing with a KfW loan. With a KfW loan, you ultimately always decide to finance your property with two different loans that are separate from each other but still build on each other.

The complexity of a professional construction financing tailored to your needs and the best conditions should not be underestimated.

Tip! KfW loan for Modern Heating System

Did you know? Example: oil heating. Here, the KfW Bank promotes individual measures with its program 152, which result in higher energy efficiency and a reduction of energy costs. Not only the replacement of the oil heating system is thus promoted, but also the installation of highly efficient circulation pumps and a circulation pump.

Extras are also available for solar systems. Within the range of in and two-family houses a lump sum for the building of a solar plant of 2.000 euro can be requested, which serve both for the water heating and for the heater support. This flat rate applies to solar systems up to 14 square meters. With a size of 15 to 40 square meters 140 euro per square meter are granted at gross collector surface.

• KfW loan for modern heating system

Please note, this article is written with a focus toward the German market, but very similar rules apply everywhere.

Building Project: High Energy Prices Make Changeover Easy

With Lukinski at your side, it takes only a few steps to your own home. We support you in buying real estate or find suitable prospective buyers for your new building project. Would you like to get in during the construction phase or would you like to join us? Lukinski is your competent partner in all real estate questions. Throughout Hesse and Rhineland-Palatinate we are well informed about large and small new building projects. Should your future home be particularly child-friendly or have extremely convenient transport connections? Write to us so that we can present suitable projects to you.

With high additional costs, many tenants are considering a new building project. The new building projects are equipped with the most modern technical heating and water supply systems, which reduces the additional costs. Environmental protection and sustainability are also very important for many projects. In your new home you should feel comfortable and at the same time be able to show consideration for the environment.

Free standing or row housing?

All designs have their advantages. A row house convinces with a particularly favorable square meter price, the free-standing single or multi-family house with much garden and clearance for new ideas. If you are looking for a condominium, we have numerous very attractive new building projects on offer. Close to the city, downtown locations or in the bacon belt – we will find the right apartment for you.

Real estate as capital investment: special

• Part 1: Classical or exotic investment – Which real estate is suitable as capital investment?
• Part 2: Real estate as capital investment – What do I have to pay attention to?

Developer: Exclusive Network

Apartment building: Modernization

Prefabricated elements: Prefabricated house made of elements

New construction of apartment buildings and commercial units: Land development

Construction Financing: Comparison and Tips

An important and for many building owners tricky question is the construction financing. Almost everyone who wants to buy or build a property has to use borrowed funds. Thus the real estate financing stands in the room, with which we can advise you however comprehensively and seriously. In any case it is worthwhile to obtain offers from several banks. The calculation of the individual options is crucial, but the offers cannot always be compared at first glance. Our experts are also available to provide you with advice and support for long-term and successful real estate financing. Trust in Lukinski!

Once the right new construction project is considered, a suitable credit institution must ensure the long-term and sustainable financing. The be-all and end-all when buying real estate or building a house is the financing. The right construction financing is viable and can be operated in the long term. New construction projects are basically objects that credit institutions are happy to finance. The building fabric is good and the location is usually promising. New construction projects are usually also suitable as an investment or retirement provision. Often their price increases, as does the demand in the region. In addition, there are various state subsidies to make it easier for citizens to create property. These include the KFW loans from the Kreditanstalt für Wiederaufbau (Reconstruction Loan Corporation), but regional grants from municipalities and states are also possible. The focus of our expertise lies in the regions of Hesse and Rhineland-Palatinate. Therefore, we are also familiar with the regional differences and many of the funding opportunities in rural and urban areas.

Questions for the professionals – Building description and the house type

Make sure to have the building specifications of the new building project checked by an expert. It regulates which services the contractor has to provide. The specifications should neither be vaguely formulated nor should they be too expensive. Services that are not part of the building description can be associated with high additional costs as well as construction delays. It is advisable to have the building specifications checked by a third party. Please contact us if you need help with this. It is also worth taking a look at the building specifications for the construction method. Is it a solid construction, a wooden house or a prefabricated construction. Each type of house and building has its special characteristics, which must fit the buyer.

Also as capital investment the new building real estates become ever more popular. The high level of equipment and building substance, together with an excellent residential area promise a long-term increase in value. The tax burden is reduced for new building projects and in many cases there is also financial support from the state and local authorities. New building projects are designed with increased security aspects in mind, so that high returns can be achieved in the long term.

Urban Planning Creates Space for New Construction Projects

The increasing population growth is being absorbed by the conurbations with the corresponding urban planning. The target groups sought by the municipalities can differ significantly for each new construction project. Nursing home places will be created that fall into the category of social housing. The allocation is usually made by offices and authorities.

Ambitious new construction projects, on the other hand, pursue a social policy to enable fellow citizens with low incomes to live in a central location. In some cases, the city also provides favorable loans for such properties.

Upscale new construction projects are often located in selected residential areas of the city or directly in the city center. They may well be luxury housing estates, with spectacularly designed and high-priced fittings.

New Construction Projects in Outlying Districts

With the increasing transport connections and also with a view to the increased creation of home jobs, it is worthwhile looking for low-cost new building projects in rural areas or in the outskirts of the city. The purchase prices per square meter of living space are usually significantly lower than in the densely built-up and central districts of the city. However, it is precisely this advantageous offer that is hotly contested by buyers. Let us know your ideas so that we can present you with suitable new building projects.

In addition to the significantly lower land prices, the new construction projects on the outskirts of the city offer further advantages. With the distance to the conurbation, the unspoiled nature increases. Adjoining lakes and rivers can be paddled and swum through, and the range of leisure activities on offer is increasingly being expanded. The medical sector is also adapting to the increased demand from senior citizens. Delivery services and home support are well integrated in many rural areas.

Infrastructure was Yesterday

Although proximity to the city is still the preferred residential district, employers are creating new opportunities for housing through decentralization and the creation of home offices. At the same time, excellent public transport connections are being created, and existing routes are increasingly being expanded. The less frequently people have to travel to the city for work and shopping, the more attractive locations in the surrounding area become. Smaller cities often score well with a more affordable supply of living space, but even more so are the extensive leisure facilities, the surrounding nature and good schools that attract homeowners. Lukinski’s new building projects in the countryside are also interesting for senior citizens. They offer peace and quiet and the possibility for walks. Excellent local hospitals and medical support characterize many rural regions in Hesse and Rhineland-Palatinate. There are many good reasons for choosing peripheral locations – not only in old age. Allow yourself sufficient time when choosing your new building project. Check the offers of Lukinski – your house sale, so that you can discover the perfect home for yourself. We will gladly help you and make appropriate suggestions.

Exactly right: new building projects for your taste

Your new building projects are as diverse as the developers and investors. The conventional standards have long been abandoned, even architecturally prepared. Great importance is attached in many places to environmentally friendly and sustainable construction. Modern heating technology, electricity and water supply are much sought after by prospective buyers. The offer is available and can be integrated both in new building projects in country house style and in modern constructions with glass facades. Stone floors and bathrooms clad with natural stone are in trend. Buyers often prefer higher quality fittings to a location close to the city.

Architecture Planning

Practical work: Project development and property developer

With Lukinski to your new home

Have we aroused your interest? Then send us a short message so that we can discuss your new building project for the first time. We would be pleased to send you informative exposés on the available new building projects. In many residential projects, houses and apartments are built in a wide variety of sizes and with a variety of features. Contact Lukinski with confidence to discover the perfect form of living.

The layout of the rooms in the new building projects is also designed to suit every form of living – whether single or family, you will feel at home in the new building project. If you wish a balcony or a first floor apartment with terrace – our experts from Lukinski – Lukinski will be happy to send you a meaningful exposé. We are looking forward to your message!